American Express Elects Thomas Baltimore to Board of Directors
January 27 2021 - 03:00PM
Business Wire
American Express Company (NYSE: AXP) today announced that Thomas
J. Baltimore, Jr., Chairman, Chief Executive Officer and President
of Park Hotels & Resorts Inc., has been elected to its Board of
Directors, effective January 27, 2021.
“Tom is a highly-respected leader in the hospitality industry,
with over 30 years of experience, including more than two decades
in senior executive roles navigating global organizations through
significant changes in travel and lodging,” said Stephen J. Squeri,
Chairman and Chief Executive Officer. “He also brings extensive
capital markets knowledge, and I know our Board will benefit
greatly from his insights as we continue to execute our strategy
and make investments to structure the company for long term
growth.”
Mr. Baltimore has led Park Hotels & Resorts since 2016, when
he joined the company shortly before its spin-off from Hilton
Worldwide Inc. In 2017, he was elected Chairman of the Board.
Today, Park Hotels & Resorts is the second largest publicly
traded lodging Real Estate Investment Trust (REIT) in the United
States, with a portfolio spanning 60 hotels and resorts and over
33,000 rooms. During his tenure, Mr. Baltimore has overseen Park
Hotels & Resorts’ expansion into new markets, including with
the acquisition of Chesapeake Lodging Trust in 2019, and has been
leading the company’s response to the COVID-19 pandemic.
Prior to joining Park Hotels & Resorts, Mr. Baltimore was
President and Chief Executive Officer of RLJ Lodging Trust, one of
the largest publicly traded lodging REITs in the country, from 2011
to 2016. He also served as a Director on the company’s Board.
Previously, Mr. Baltimore was President of hospitality investment
firm RLJ Development LLC, the predecessor to RLJ Lodging Trust that
Mr. Baltimore co-founded in 2000. Earlier in his career, Mr.
Baltimore served in a variety of roles at Hilton Hotels Corp.,
Marriott International Inc., and PricewaterhouseCoopers LLP.
In addition to Park Hotels & Resorts’ Board, Mr. Baltimore
also serves on the Board of Prudential Financial Inc., and sits on
the Executive Board of the National Association of Real Estate
Investment Trusts, the Boards of the University of Virginia
Investment Management Company and The Real Estate Roundtable, and
the Executive Committee of the American Hotel & Lodging
Association.
Mr. Baltimore received his Bachelor of Science degree from the
McIntire School of Commerce at the University of Virginia and
Master of Business Administration degree from the Darden School of
Business at the University of Virginia.
ABOUT AMERICAN EXPRESS
American Express is a globally integrated payments company,
providing customers with access to products, insights and
experiences that enrich lives and build business success. Learn
more at americanexpress.com and connect with us on
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and youtube.com/americanexpress.
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AMERICAN EXPRESS Marina Norville 212-640-2832
Marina.H.Norville@aexp.com
Andrew Johnson 212-640-8610 Andrew.R.Johnson@aexp.com
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